EX-10.8
from SB-2
8 pages
Credit Facility: 1. Circulative Term Loan (I) 4,500,000 Rmb (Could Be Used Periodically) Use of the Loan: Working Capital Notice: (1) Before Giving the Loan, the Borrower Should Hand in What Is Stated in Item (A), (C) and (F). the Borrower Should Hand in What Is Stated in Item (B) Within 2 Months After the Loan Is Given. (2) After Handing in What Is Stated in Item (B), Interest Rate Will Be Reduced According to the Constantly Released Legal Interest Rate, and 15% Higher of That Interest Rate Would Be Needed
12/34/56
